BGL Healthcare Real Estate Medical Office Development Market Update

Q4 2019

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John C. Riddle
Managing Director

Clinton J. Parker
Managing Director

The BGL Medical Office Development Market Update is a quarterly research publication highlighting national medical office building transactions, investor activity, and trends within the medical office building real estate market.

Medical office building (MOB) sales continued in an upward trend through Q4 2019 and into 2020, driven by steady M&A activity within the Healthcare market. Total MOB sales reached $11.2 billion in 2019, marking the fifth consecutive year sales surpassed $10 billion and the third successive year topping $11 billion, underscoring that medical office properties remains a core asset class. Demographic and healthcare industry trends are firmly entrenched and forecasted to persist, supporting long-term demand for medical office space.

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